Tag Archives: media release


Community Futures Peterborough Announces Move to Strategic Location


PETERBOROUGH – Community Futures Peterborough announced today at its AGM they will be moving to the heart of Peterborough’s fast-growing tech community and moving their offices into the Venture North building at the corner of George and King Streets.

“Strategic partnerships are key to the growth of our organization to provide greater and more effective financial services to clients in our community,” says Gail Moorhouse, Executive Director at Community Futures Peterborough. “This move allows us to be in a shared space with some of our key partners and to further strengthen those relationships all while reaching a new client base.”

The Board of Directors set an aggressive strategic plan in the fall with a key pillar to become more strategically aligned with key partners in the community. This move will allow the organization to become more visible in the downtown core and work closely with key community partners.

“The move into Venture North building provides us with the opportunity to better align our services with key partners,” says Board Chair Peter Gaffney. “We are thrilled to continue working on community projects that support the growth and expansion of local business and employment in our region.”

Venture North is currently home to several tenants, including key partners for Community Futures Peterborough, such as Peterborough and the Kawartha Economic Development Commission and the Innovation Cluster. Downtown Peterborough is also home for a significant number of tech start-ups and the new location will allow Community Futures staff to provide greater outreach and mentoring services to these growing companies.

The building where Community Futures Peterborough currently has their offices, at 351 Charlotte Street, will be advertised for sale in the coming weeks. It is expected staff will be in the location at Venture North by September 2018.

Community Futures Peterborough’s mission is to generate and assist in the creation and maintenance of sustainable employment opportunities in the City and County of Peterborough by supporting small businesses through flexible financing and business services. Since 1985, Community Futures Peterborough has invested $28 million in over 700 small businesses. Those businesses have created or maintained more than 3,300 jobs in the City and County of Peterborough.

Community Futures Peterborough is one of the 15 CFDCs in eastern Ontario funded by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). CFDCs deliver a wide variety of programs and services to support community economic development and small business growth. They employ local staff and are each governed by a volunteer board of directors, made up of local residents representing the community. The Community Futures Program promotes economic stability, growth and job creation leading to more diversified and competitive rural economies, and economically sustainable communities.

For more information, please contact Board Chair Peter Gaffney directly via Email 


Interim Executive Director appointed for Community Futures Peterborough

PETERBOROUGH –Community Futures Peterborough and its Board of Directors is pleased to announce the appointment of Gail Moorhouse as its interim Executive Director. Moorhouse has valuable knowledge and understanding of Community Futures Peterborough garnered through her roles both in the private sector and as a Board member.

“We are confident Gail is the best person to lead the organization through this transition and maintain stability for our clients during this time,” says Board Chair Peter Gaffney. “In addition to her successful career, her service on the Board provides her with the skills, knowledge and experience to oversee the organization during this transitory period.”

Moorhouse also has more than 20 years’ experience in various sales, management, training and marketing roles. She currently runs her own business in Ennismore and has previously held positions with Microsoft, HP and Catalyst Finance.

Moorhouse is replacing Jeff Day who announced his resignation in December. She has resigned from her position from the Board during this interim appointment.


Announcement of Executive Director Resignation

For Immediate Release
December 19, 2017

A message from Board Chair Peter Gaffney

Community Futures Peterborough Board of Directors accepted the resignation of Executive Director Jeff Day at its board meeting this morning.

“Jeff has made great contributions to the organization during his time with us, notably in increasing the awareness of Community Futures Peterborough especially in the county and surrounding areas,” said Chair Peter Gaffney. “We wish Jeff the best of luck in the future.”

“It has been a pleasure to help to grow Peterborough’s entrepreneurs and business community,” said Day. “I have no doubt the board and the organization will continue these successes in the future.”

Day will remain as Executive Director until January 12, 2018 at which time an interim Executive Director will be announced. Recruitment for the new Executive Director will begin in January.

For more information contact Board Chair Peter Gaffney at chair@cfpeterborough.ca

New Board

Community Futures Peterborough is pleased to announce new directors elected to its Board. At the Annual General Meeting Kim Appleton was elected Chair of the Board. Kim replaced Dan Stanford who had held the position for the past two years and was leaving the Board after completing 10 years of service.

Kim Appleton is the President, CAO and a founding partner of Emmatt Digital Solutions Inc., an international, full-service web development agency. Since 1998, Emmatt has been assisting businesses to be more efficient and profitable through the adoption of leading-edge technologies such as online databases, e-commerce and fundraising platforms, responsive web design, mobile apps, and search engine optimization. Kim is a Past President of the Women’s Business Network of Peterborough.

Kim said “I very am pleased to accept this honour, Community Futures plays a very important role in helping small business within Peterborough County and City, we want to continue and indeed broaden our base by lending money to support growth and expansion. All of which generates jobs and creates an improved economy”. She complimented the previous Boards for their work that had been done and said “I am looking forward to continue working with our Board and staff to serve the entrepreneurs of our community”.

General Manager Moving To New Challenges

General Manager Moving To New Challenges

March 10, 2016    Peterborough, ON


General Manager Tonya Kraan has announced plans to leave Community Futures Peterborough following two years of leading the organization through change and growth.

“It has been a whirlwind two years.” says Tonya who previously was Manager of Innovation for the City of Kawartha Lakes. “it was exciting to help introduce some new concepts and innovation throughout the organization in order to support more than 200 businesses start or expand their businesses. It has been a pleasure to serve as the General Manager for 2 years and I look forward to watching the next chapters unfold.”

Ms. Kraan represented Community Futures Peterborough throughout the business community of the greater Peterborough area sitting on committees of Bears’ Lair, Startup Peterborough, New Canadian Centre’s Employment Working Group and as a Director with the Kawartha Chamber of Commerce & Tourism. Most recently she has contributed to the Local Employment Planning Council initiative with the Workforce Development Board and the Ministry of Training, Colleges and Universities, Chairing the Business & Industry working group for Northumberland, Peterborough, Kawartha Lakes and Haliburton.

“Tonya has promoted our organization exceptionally well to our stakeholders as we’ve continued to support local business.  Relationships with community partners are stronger thanks to her tremendous work and we wish her well in her new endeavour” said Dan Stanford, Chair.

Former Board Chair Doug Armstrong has agreed to act as Interim General Manager once Ms. Kraan departs.  The Board of Directors has begun the recruitment process for a new leader.

About Community Futures Peterborough:


  • Community Futures Peterborough is funded through the federal government and was established in 1985, with a mandate to administer a community loan fund in support of small and medium-sized businesses.
  • The local impact of the lending activity by Community Futures Peterborough can be determined using the economic impact rule of thumb determined in the Conference Board of Canada‘s study of Ontario CFDCs. Total lending by Community Futures Peterborough from 2009 to 2014 ($7,551,486) x 4.5 = $33,981,687 impact on real GDP
  • Community Futures promotes economic growth and diversification that creates and maintains jobs in the City and County of Peterborough. Community Futures Peterborough has disbursed loans to 672 small businesses totalling $26,004,390, helping them maintain and create 3344 jobs since its inception.


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Funding Available For Expanding Local Companies to Create Employment Opportunities


For Immediate Release

 Funding Available For Expanding Local Companies to Create Employment Opportunities

 February 3, 2016   Peterborough, ON

The Peterborough Community Futures Development Corporation (CFDC) is now accepting new applications through the Eastern Ontario Development Program (EODP), which advances economic development in rural eastern Ontario.

A wide variety of projects focusing on business growth, community innovation and/or collaborative economic development will be considered for non-repayable contributions through this Government of Canada program, supported by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). All decisions are made locally, by the volunteer Peterborough CFDC Board of Directors, which considers projects throughout the City and County of Peterborough. For full details on eligibility please visit: www.communityfuturespeterborough.ca .

The deadline for applications is February 23, 2016.

Through EODP, FedDev Ontario is collaborating with CFDCs in eastern Ontario and the Eastern Ontario Community Futures Development Corporations Network Inc. (EOCFDC Network) to promote the growth of new and existing businesses in rural communities.

Quick Facts

  • The Peterborough Community Futures Development Corporation (CFDC) provides services for passionate entrepreneurs who require financing and understanding to start or expand their business. They have been proudly assisting the Peterborough community since 1985 with flexible financing, loans and non-repayable contributions.
  • The Peterborough CFDC is one of the 15 Community Futures Development Corporations (CFDCs) in eastern Ontario funded by the Eastern Ontario Development Program (EODP) through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). CFDCs deliver a wide variety of programs and services to support community economic development and small business growth. They employ local staff and are each governed by a volunteer board of directors, made up of local residents representing the community.
  • The EODP is a $48-million economic development initiative focused on addressing economic challenges in eastern Ontario and taking advantage of innovative opportunities in the region. The five-year renewal of the program, from 2014 to 2019, is expected to result in more strategic, long-term economic development investments and collaborative projects that will benefit eastern Ontario businesses and communities.


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